NYC Comptroller Slams Mayor Eric Adams’ Bitcoin Bond Plan as ‘Fiscally Irresponsible’

New York City’s Comptroller has dismissed a plan by Mayor Eric Adams to back municipal bonds with bitcoin BTC$104,598.40, calling it “legally dubious and fiscally irresponsible.” Comptroller Brad Lander, who co-manages the city’s debt issuance, rejected the proposal just days after Adams pitched the so-called “BitBond” to a crowd at a bitcoin conference in Las […]

BREAKING NEWS: Meta (Facebook) Shareholders Reject Proposal to Add Bitcoin to the Company’s Treasury! Here Are the Details

According to the latest development, Meta (formerly Facebook) shareholders have rejected the proposal to consider adding Bitcoin to the company’s treasury. The decision to reject the proposal was taken with 8.85 million abstentions, 4.9 billion votes against and 3.9 million votes in favour. Image showing the result of a vote among Meta shareholders. *This is […]